Metals Aluminum Producers

  • Shares of Alcoa rose 3 percent to $37.79 in after-hours trading, also helped by the announcement of a $200 million share repurchase program. Alcoa also tightened its 2018 adjusted earnings before interest, tax, depreciation and amortization forecast to range between $3.1 billion and $3.2 billion, compared with its previous forecast of $3.0 billion and $3.2...

  • Net loss attributable to Alcoa was $41 million, or 22 cents per share, in the third quarter ended Sept. 30, compared with a profit of $113 million, or 60 cents per share, a year earlier. The results include a charge of $160 million mainly due to a non-cash charge from the transfer of its U.S. pension and postemployment benefits obligations. Revenue rose 14.4 percent to...

  • LONDON, Oct 17- Copper prices held steady on Wednesday as better than forecast Chinese lending data signalling solid economic growth in the world's biggest metals consumer was offset by signs that a supply squeeze in China was receding. Fears that a U.S.- China trade dispute would weaken demand helped push prices to a 14- month low of $5,773 in August.

  • LONDON, Oct 17- Copper prices held steady on Wednesday as better than forecast Chinese lending data signaling solid economic growth in the world's biggest metals consumer was offset by signs that a supply squeeze in China was receding. Fears that a U.S.- China trade dispute would weaken demand helped push prices to a 14- month low of $5,773 in August.

  • LONDON, Oct 17- Copper prices fell on Wednesday as better than forecast Chinese lending data signaling solid economic growth in the world's biggest metals consumer was offset by signs that a supply squeeze in China was receding. Fears that a U.S.- China trade dispute would weaken demand helped push prices to a 14- month low of $5,773 in August.

  • LONDON, Oct 17- Copper prices fell on Wednesday as better than forecast Chinese lending data signalling solid economic growth in the world's biggest metals consumer was offset by signs that a supply squeeze in China was receding. Fears that a U.S.- China trade dispute would weaken demand helped push prices to a 14- month low of $5,773 in August.

  • MADRID, Oct 17- Alcoa said on Wednesday it would close two of its three aluminum plants in Spain with a combined annual production of 180,000 metric tonnes, resulting in the lay off of almost 700 workers. "Those problems, together with external market factors such as overproduction in China, high raw material prices and energy costs, have generated significant...

  • MADRID, Oct 17- Alcoa said on Wednesday it would close two of its three aluminium plants in Spain with a combined annual production of 180,000 metric tonnes, resulting in the lay off of almost 700 workers. "Those problems, together with external market factors such as overproduction in China, high raw material prices and energy costs, have generated significant...

  • LONDON, Oct 15- The alumina market is experiencing a year of unprecedented turbulence. It is, to quote Greg Wittbecker, analyst at the CRU research house, one of those markets "people have taken for granted". Alumina's year of turmoil began in February, when a Brazilian court ordered the part suspension of Hydro's Alunorte refinery after heavy rains raised concerns...

  • LONDON, Oct 15- The alumina market is experiencing a year of unprecedented turbulence. It is, to quote Greg Wittbecker, analyst at the CRU research house, one of those markets "people have taken for granted." Alumina's year of turmoil began in February, when a Brazilian court ordered the part suspension of Hydro's Alunorte refinery after heavy rains raised concerns...

  • MELBOURNE, Oct 12- London aluminum steadied on Friday after metals were caught in a widespread market sell-off this week and ahead of Chinese trade data later in the session, but it was set for its biggest weekly drop since June as concerns over raw material costs eased. *ALUMINIUM: London Metal Exchange aluminum had edged up 0.3 percent to $2,027 a tonne by 0123 GMT-...

  • BEIJING, Oct 11- Base metals prices fell sharply on Thursday, tracking a broad sell-off on equity markets as a gloomy macro-economic outlook raised concerns over demand-growth. Shanghai shares slumped 5.2 percent to their lowest level since late 2014 after Wall Street suffered its worst drubbing in eight months on Wednesday. *OTHER METALS: Shanghai aluminium...

  • LONDON, Oct 9- Chinese aluminum exports are expected to surge in coming months and next year after Beijing boosted tax rebates as part of a package to soften the impact of a trade war with the United States, according to industry consultancy CRU. High Chinese exports of metals such as aluminum and steel in recent years have spurred criticism by both the United...

  • LONDON, Oct 9- Chinese aluminium exports are expected to surge in coming months and next year after Beijing boosted tax rebates as part of a package to soften the impact of a trade war with the United States, according to industry consultancy CRU. High Chinese exports of metals such as aluminium and steel in recent years have spurred criticism by both the United...

  • MANILA, Oct 9- Shanghai zinc rallied nearly 4 percent to a 3-1/ 2- month peak on Tuesday, as production cuts at Chinese smelters dragged down stockpiles to the lowest in more than a decade, while a rally in steel prices lifted nickel in both London and China. London aluminum slipped after Norsk Hydro said it expects to resume production at the world's largest alumina...

  • MANILA, Oct 9- Shanghai zinc rallied nearly 4 percent to a 3-1/ 2- month peak on Tuesday, as production cuts at Chinese smelters dragged down stockpiles to the lowest in more than a decade. Aluminum in London weakened further after Norsk Hydro said it expects to resume production at the world's largest alumina refinery in Brazil at half capacity within two weeks.

  • MANILA, Oct 9- London aluminum dropped in early Asian deals on Tuesday to trade near one-week lows hit in the previous session, as worries over supply of raw material alumina eased after a Brazilian court approved measures that could allow the world's biggest alumina refinery to resume production. Three-month aluminum on the London Metal Exchange was down 0.3...

  • MANILA, Oct 9- London aluminium dropped in early Asian deals on Tuesday to trade near one-week lows hit in the previous session, as worries over supply of raw material alumina eased after a Brazilian court approved measures that could allow the world's biggest alumina refinery to resume production. Three-month aluminium on the London Metal Exchange was down...

  • HAMBURG, Oct 8- German aluminium producer Trimet Aluminium expects strong aluminium demand in 2019 but the global impact of U.S. import duties makes forecasts difficult, said executive board member Thomas Reuther. Trimet has not imported aluminium scrap from the United States, he said, despite some market expectations of more U.S. sales to Europe to replace...

  • HAMBURG, Oct 8- German aluminum producer Trimet Aluminium expects strong aluminum demand in 2019 but the global impact of U.S. import duties makes forecasts difficult, said executive board member Thomas Reuther. Trimet has not imported aluminum scrap from the United States, he said, despite some market expectations of more U.S. sales to Europe to replace lost...